Convert Swiss Franc to Maldivian Rufiyaa
Please provide values below to convert Swiss Franc [CHF] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Swiss Franc.
How to Convert Swiss Franc to Maldivian Rufiyaa
1 CHF = 0.0514891632444197 MVR
Example: convert 15 CHF to MVR:
15 CHF = 15 × 0.0514891632444197 MVR = 0.772337448666295 MVR
Swiss Franc to Maldivian Rufiyaa Conversion Table
| Swiss Franc | Maldivian Rufiyaa |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.